Pompano Beach, February 23, 2024 – Southern Auto Finance Company, LLC (“SAFCO”), a financial services industry leader, is pleased to announce the appointment of Marissa Kaliman as the Vice Presi-dent of Compliance and General Counsel. With over 14 years of legal and finance experience, Ms....
Read MoreSubprime lender Southern Auto Finance Co. is looking to grow on the heels of a minority investment from a Colombia-based financier. Read more here...
Read MorePompano Beach, January 26, 2024 – Southern Auto Finance Company, LLC (“SAFCO”) is pleased to announce the successful completion of its second asset-backed securities ("ABS") issuance, further strengthening the company’s liquidity position and ability to execute on its growth strategies. SAFCO successfully issued $225 million in...
Read MorePompano Beach, January 19, 2024 We're thrilled to share some exciting news! Finanzauto SA of Colombia has acquired a minority equity stake in SAFCO. This strategic move aligns perfectly with the Company’s vision of broadening its portfolio and accelerating growth in markets that are consistent with...
Read MorePompano Beach, November 16, 2023 We are delighted to share some fantastic news regarding SAFCO's recent auto loan portfolio securitization! Due to its performance, the SAFCO Auto Receivables Trust 2022-1 (“SAFCO 2022-1”) received a ratings upgrade from the Kroll Bond Rating Agency, LLC (KBRA). KBRA, a credit...
Read MorePompano Beach, July 31, 2023 Southern Auto Finance Company, LLC (“SAFCO”) today announced a Chief Financial Officer transition. Jason Person has been named as SAFCO’s new CFO. Most recently, Mr. Person served as the Vice President and Treasurer of Regional Management Corporation, a diversified consumer finance...
Read MoreSeptember 14, 2022. The SAFCO team recently participated in a community outreach event, in partnership with HandsOn Broward, at Village Elementary School in Sunrise, Florida. By leveraging the power of our team and the creativity of HandsOn, we worked together to help transform a community...
Read MoreIn a recent issue of SubPrime Auto Finance News, Southern Auto Finance Company, LLC (“SAFCO”) has been recognized by the publication as a member of the Special Finance 175 again this year. The complete award listing can be found on Page 43 of the magazine’s...
Read MoreSAFCO recently co-sponsored “Birdies For Birch,” an annual charity golf tournament held at the Lauderdale Country Club, in support of the preservation efforts of the Friends of Birch State Park. This non-profit group’s mission to raise critical monies to fund special work projects, events and...
Read MoreMarch 26, 2022. To support its DEI initiatives, SAFCO has developed a supportive culture that values the diversity of its team members. This month, the company’s headquarters teamed up with its Loan Servicing Department in Barranquilla, Colombia to host a company-wide carnival celebration to highlight the...
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